A&P SETS BIG ROLLOUT OF FOOD BASICS: REPORT

MONTVALE, N.J. -- A&P here is reportedly planning to ramp up the deployment of its Food Basics discount supermarkets as a strategy to revive its struggling operations in the United States, SN has learned.In an English translation of an article that appeared in a German supermarket-industry publication obtained by SN, Christian Haub, chairman and chief executive officer, A&P, said that the company

MONTVALE, N.J. -- A&P here is reportedly planning to ramp up the deployment of its Food Basics discount supermarkets as a strategy to revive its struggling operations in the United States, SN has learned.

In an English translation of an article that appeared in a German supermarket-industry publication obtained by SN, Christian Haub, chairman and chief executive officer, A&P, said that the company planned to convert most of its U.S. stores to the limited-assortment, deep-disco

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